I really think they should / have to include the simple MMU that the EC060 version has. Iirc it works on 16MB blocks of memory and marks them as cacheable or not. I think that is all it does. No VM stuff.
If they include that then it will be really and truly "060 compatible" so AmigaOS can boot up out of the box.
If by VM you mean virtualized memory-mapping then I agree. The page tables on an MMU get unwieldy and large really fast when the page size is small. 16 Meg pages would be much more manageable.